The Bank Slate


David Stevens, retired MBA leader, dies unexpectedly

David Stevens, who led the Mortgage Bankers Association for seven years, has died.

Stevens, 66, died unexpectedly, the MBA said in a statement. Stevens once battled cancer, but said he was in remission when he retired from the trade group in 2018.

“To those who worked with him at MBA, Dave is remembered as a great mentor, boss and friend,” Bob Broeksmit, his successor at the association, said in the statement. “He was quick with a joke, sometimes at his own expense, and truly cared about those he worked with and those who worked for him.

Stevens had longstading ties to the mortgage industry, with roles as World Savings and Loan, Freddie Mac and Wells Fargo Home Mortgage. He was Federal Housing Commissioner from July 2009 to March 2011.

Stevens became the MBA’s president and CEO in 2011 – briefly leaving the post to run SunTrust’s mortgage unit before returning to lead the association.

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